Consolidating debt alberta

So for example the average of all your current outstanding loans might be 15.5%.And at that high rate of interest it could take you years to pay off.

consolidating debt alberta-34

This should not be relied upon as specific financial or other advice.

Actual results and loan or line of credit payment amounts and repayment schedules may vary. Applicants must meet CIBCs lending criteria; all personal lending products are subject to credit approval. Products and their interest rates may change at any time without notice.

You can see if your bank or credit union is able to provide you with a debt consolidation loan.

Banks and credit unions are typically only willing to lend people around 10% of their net worth (your assets minus your debts) on an unsecured basis.

With rates at all time lows, you will actually save money over your mortgage term.

Here is a great example of how we are able to save you money: As this example shows, we were able to refinance their existing mortgage before the term was up and get them the money they needed to pay off all debts.There are many options when it comes to debt consolidation.One of the best-kept secrets is using the valuable equity you already have in your home.We have set up this website to offer you a variety of debt consolidation services.We offer professional debt relief services including debt consolidation, and once we speak with you we can carefully assess your situation to determinee the proper course of action we need to take to help you get out of debt in the fastest and most affordable way possible.Take charge of your finances with the CIBC Debt Consolidation Calculator.

Tags: , ,